One of the largest lithium producers globally, Albermarle Corp, announced plans Wednesday to make Chester County, South Carolina home to its new $1.3 billion Mega-Flex lithium processing facility. The plant, once open, is expected to support the production of roughly 2.4 million EVs each year.
Albermarle announces $1.3B Mega Flex lithium plant in SC
With over $7.3 billion in net sales last year, up 120% from 2021, Albemarle expanded its position as a leader in the lithium market, with demand for electric vehicles climbing at a record pace.
Albermarle expects the rapid growth to continue as the auto industry shift to fully electric, zero-emission vehicles to accelerate over the next several years. As a result, the company sees lithium demand growing by nearly 400% by 2030.
To take advantage of the movement, Albermarle is leveraging its leading position to support over 100 new projects needed to sustain the growing demand.
The company develops and manufactures low-cost lithium compounds such as lithium carbonate and lithium hydroxide used in electric vehicle batteries.
With the US looking to achieve a 50% EV share by 2030, up from around 6% this past year, Albermarle said it was planning for a massive lithium processing center in the US that would be capable of processing 100,000 tonnes of annual capacity in the Southeast.
Looking for somewhere with rail access and a major port, Albermarle has selected Chester County, SC, with an initial investment of at least $1.3 billion.
The “Mega-Flex” refers to the facility’s ability to process different types of lithium feedstock, including from recycled batteries.
Albermarle expects the new SC plant to initially produce 50,000 metric tons of battery-grade lithium hydroxide annually, potentially expanding up to 100,000 metric tons – enough for around 2.4 million EVs annually.
In October, the lithium leader revealed it had been awarded nearly $150 million as part of the first set of projects funded under the Bipartisan Infrastructure law to expand domestic EV battery production.
In addition, Albermarle says the facility supports the Inflation Reduction Act, passed last August, to incentivize the production of critical EV battery materials in North America.
Albermarle CEO said at the release:
This facility will help increase the production of U.S.-based lithium resources to fuel the clean energy revolution while bringing us closer to our customers as the supply chain is built out in North America.
The nearly 800-acre site is expected to create over 300 new jobs and 1,500 construction jobs pending permit approvals. Construction is slated to begin late next year.
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On today’s informative episode of Quick Charge, we’ve got Honda engineers Jason Hwang and Emilio Sanchez to talk us through some of the things that make the GM Ultium-based Honda Prologue EV feel like a real Honda, and why that matters.
Jason and Emilio talk about some of the choices they made to make the Honda Prologue and Acura ZDX feel different from its GM-branded cousins, and explain why this was much more than a case of badge-engineering. Give it a listen, then let us know what you think of the Prologue and ZDX in the comments.
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The first EV charging hub funded by the Charging and Fueling Infrastructure (CFI) Program in the Eastern US is now online in Deerfield, Massachusetts.
The town installed the region’s first DC fast chargers (four ports), along with four Level 2 chargers, at 59 North Main Street in South Deerfield.
These new charging stations, funded with $2.46 million from the CFI program, are conveniently located near Interstate 91 in Franklin County, the most rural county in Massachusetts, which serves drivers from Connecticut up to the Canadian border.
The hub also features local and regional bus stops and designated bike lanes with secure onsite bike racks. The chargers are meant to cater to everyone: from local residents and visitors to municipal EVs and commercial vehicles that service the region’s businesses, like those in food and beverage manufacturing.
Gabe Klein, executive director of the Joint Office of Energy and Transportation, sees this as a model for future projects:
Multi-modal charging hubs in communities are key to giving more people the choice to ride and drive electric. The Town of Deerfield is showing leadership in building out convenient charging infrastructure that brings new transportation choices to rural and disadvantaged communities while supporting local commerce.
In recent years, Deerfield has experienced increased climate change-driven flooding from nearby rivers, including the Deerfield River, the Connecticut River, and the Bloody Brook. The project incorporates environmental engineering designed to mitigate and adapt to the effects of flooding and climate, including the installation of permeable asphalt and rain gardens, planting of native trees, grasses, and shrubs, and the creation of new greenspace in the center of Deerfield.
The Biden-Harris administration’s CFI Grant Program is expanding EV infrastructure nationwide. It offers grants for projects that complement and expand upon the initiatives of the NEVI program in urban, rural, and disadvantaged and low-income communities. So far, the CFI Grant Program has allocated over $1 billion to nearly 100 projects across the US, encouraging private investments and expanding the EV charging network to make EV ownership more practical and convenient.
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Kia’s upcoming EV4 electric sedan was just spotted testing in the US for the first time. The low-cost EV is expected to make its big debut by the end of the year. Here’s a look at the new model.
The EV4 will round out Kia’s new “EVs for all” master plan launched last year. Kia showcased three new models, the EV3, EV4, and EV5, during its first annual EV Day in October 2023.
During the event, Kia outlined its new global strategy to “lead and accelerate the EV revolution” with a wide range of models priced from $30,000 to $80,000.
Kia plans to rapidly expand its lineup with a series of smaller, lower-priced models. It launched the EV9, its first three-row electric SUV, which is already proving to be a hot seller in the US. Starting at under $55,000, the EV9 is still a great deal compared to others in its class, but Kia plans to go even lower.
The EV3 and EV4 are expected to be among the most affordable electric vehicles when they arrive in the US.
Kia’s new EV4 is now testing in the US
Ahead of its official debut, Kia’s new EV4 sedan was recently caught driving on US streets for the first time.
The latest image from KindelAuto doesn’t reveal much more than what’s been shown in the past, but the fact that it’s now testing in the US is significant.
Kia’s EV3 is already on sale in Korea, starting at around $30,000 (42.08 million won). Earlier this week, the company said its new compact SUV is now available across Europe, starting at around $38,000 (36,000 euros) with a “segment-leading range” of up to 375 miles (WLTP).
Next up will be the EV4. Kia is expected to officially reveal the new EV by the end of the year, with deliveries starting in 2025. It could be as soon as next week at the 2024 LA Auto Show.
The interior will feature Kia’s advanced new ccNC infotainment system with dual 12.3″ navigation and driver display screens. An otherwise minalimalistic design is expected inside.
Kia’s EV4 will also be available in a hatchback variant. Although the hatch is likely aimed at European buyers, it was also recently spotted testing in the US for the first time.
We will learn official prices closer to launch, but the EV4 is expected to start at around $35,000 to $40,000.
Kia is teasing five new vehicles for the US, at least one being a new EV, that will debut at the LA Auto Show next week. Will it be the EV3? EV4?
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